Data from the Ministry of Industry and Information Technology show that the profits of my country's Internet and related service companies above designated size reached 79.93 billion yuan from January to July, a year-on-year increase of 29.1%

The official website of the Ministry of Industry and Information Technology recently announced the news about the "Operation Status of the Internet and Related Service Industry from January to July 2023"

According to statistics from the National App Technology Testing Platform, As of the end of July, my country's domestic market has The number of active apps monitored is 2.61 million (including Android and Apple stores). The number of mobile application developers is 830,000, including 250,000 Android developers and 580,000 Apple developers. In July, the cumulative number of downloads of apps on the Android App Store was 27.2 billion.

Data show that from January to July, my country’s Internet and related service companies above designated size achieved Internet business revenue of 766.6 billion yuan, a year-on-year increase of 2.8%. From January to July, Internet companies above designated size in my country invested a total of 37.53 billion yuan in R&D funding, a year-on-year decrease of 5.4%.

Note from this site: According to the latest adjustment, the caliber of Internet and related service enterprises above designated size has been adjusted from the Internet and related service revenue of more than 5 million yuan in the previous year to 20 million yuan and above. At the same time, all year-on-year growth rates in this article are calculated on a comparable basis

From January to July, the operating costs of my country’s Internet companies above designated size increased year-on-year 7.5%, the growth rate increased by 0.1 percentage points compared with the first half of the year. The total profit reached 79.93 billion yuan, a year-on-year increase of 29.1%, and the growth rate rebounded 1.5 percentage points from the first half of the year.

According to data from the Ministry of Industry and Information Technology, From January to July this year, the Internet business revenue of enterprises that mainly provide online sales services (including bulk commodities, agricultural and sideline products, comprehensive e-commerce, medical supplies, express delivery, etc.) increased by 42.4% year-on-year.

During the same period, The Internet business revenue of enterprises mainly providing information services (including news information, search, social networking, games, music videos, etc.) fell by 2.6% year-on-year; while platform enterprises mainly providing life services (including local life, car rental, etc.) (automobiles, travel, financial services, automobiles, housing, etc.) Internet business revenue increased by 11.6% year-on-year

Data from the Ministry of Industry and Information Technology of my country show that the growth rate of Internet business in nearly half of the regions has achieved positive growth. From January to July, the cumulative revenue of Internet services in the five regions of Beijing (up 0.3%), Shanghai (up 14.8%), Zhejiang (up 3%), Guangdong (down 6.5%) and Tianjin (up 23%) reached 672 billion yuan, a year-on-year increase of 4.9%, accounting for 87.7% of the country (excluding cross-regional enterprises). A total of 14 provinces (autonomous regions and municipalities) across the country have achieved positive growth in their Internet business

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